Don’t worry about 3.2 per cent annual wages growth, the economists said. It’s in line with the Reserve Bank of Australia’s expectations and all good.
Really? Because Australia’s full-year reporting season is showing the opposite. Our big companies and employers are very worried about wages growth – even if is at that supposedly OK 3.2 per cent – and automating work to come up with the “productivity savings” required to pay their humans more.
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